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hopefuls made their pitches to iowa voters today at the annual iowa straw poll. steve handlesman is live with more on the big day. hi, steve. >> reporter: hi, jim. it's a beautiful cool evening here in central iowa. there was an air of ang anticipation. now they're counting the straw poll ballots. there's a delay, we're told, because of all the write-in ballots. that may be the rick perry factor. a lot of people told me today they were going to write in the name of the texas governor who just today became an official candidate, so he wasn't on the ballot. so he rained on the parade here. he tried to kind of upstage the party, that a lot of republicans focus on. this is their baby. they're really focused on the effect on the republican race that this straw pole has. it's like a fair. with lots of food, lots of people, and bands. but the stars are republican candidates, like rick santorum. and tim pawlenty. tea partier michele bachmann. libertarian ron paul, and others. mitt romney was not in the state. iowaians came to the straw poll not for the music, but they waited in long lines to cas
to find common ground in their criticism of president obama. nbc's steve handelsman reports. >> reporter: only republican candidates in the fox debate in iowa saved their best shots for president obama. >> our president simply doesn't understand how to lead. >> and the message is this. you are finished in 2012. >> reporter: mitt romney in iowa for the first time since may got heckled. >> look, obama-care was patterned after the mitt plan in massachusetts. >> reporter: fighting to keep his campaign alive tim pawlenty pronounced no more timidity. >> her record is nonexistent. >> people are looking for a champion. they want someone that's fighting sdwroosh if that's your view of effective leadership, please stop because you're killing us. >> reporter: texas governor rick perry made clear he is going to run. perry's move mocked by a fellow texan. >> i'm pleased he is coming in because he represents the status quo. >> you raise your hand. >> reporter: all the debaters did agree to oppose tax hikes, but this has been the most contentious debate. saturday comes the iowa straw poll that is sure
shaped it, steve jobs. >>> and later, what we're learning about how moammar gadhafi lived. richard engel takes us inside his compound to see what nay found. i's come pound to see what they found. could be working better. pound to see what they found. pound to see what they found. things your body doesn't use could be lingering in your system, causing discomfort. but activia has been shown in clinical studies to help with slow intestinal transit when consumed 3 times per day. 7 out of 10 doctors recommend activia. and the great taste is recommended by me! whose non-stop day starts with back pain... and a choice. take advil now and maybe up to four in a day. or choose aleve and two pills for a day free of pain. way to go, coach. ♪ [ slap! slap! slap! slap! slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium rich tums goes to work in seconds. nothing works faster. ♪ tum tum tum tum tums [ grandpa ] relationships are the basis of everything. [ grandma ] relationships are life... if you don't have that thing that fills your heart and your soul,
some new technology at bwi airport. hopefully it will make passengers safe. >>> i'm steve handelsman in iowa on this critical day between last night's debate and tomorrow's much-anticipated iowa straw poll. there's rick perry. what's he up to? how does it change the republican race for the white okay, you're the good cop. i'm the bad cop. look, it's still a great time to refinance. listen up, buster! we're not gonna pay any closing fees. i'd do what she says, friend. i can't control her. well, it's the "no closing fee refinance," so we pick up the closing fees. oh, you're gonna pick up the closing fees? yes. on average, that's $3,300 at closing. [ both ] thirty-three hundred?! that's a lot of donuts. [ male announcer ] visit capital one bank today to refinance your mortgage, and we'll pick up, on average, $3,300 at closing. what's in your wallet? i'm good. >>> tomorrow's straw poll in iowa represents the first major test for republicans in the race for the white house. the major candidates are working right now to get out their supporters, but two rivals who have not even declared ye
without steve jobs quality. >>> plus, the workout equipment that can help you to strengthen your muscles and improve your balance. but first, here's what's hot o [ agent ] so your policy looks good, is there anything else? why did you buy my husband a falcon? thanks for the falcon. i didn't buy anyone a falcon. sure, you did. you saved us a lot of money on auto insurance. i used that money to buy a falcon. ergo, you bought me a falcon. i should've got a falcon. most people who switch to state farm save on average about $480. what they do with it, well, that's their business. oh, that explains a lot, actually. [ chuckles ] [ male announcer ] another reason people switch to state farm. aw, i could've gotten a falcon. [ male announcer ] get to a better state. [ falcon screeches ] >>> we're continuing to have a ball this summer with our workout. steve hayes is here to show us a great way to use what's called a boseu ball. tell us why it's called that? >> it stands for both sides used, bosu. both sides used. >> is this pretty affordable? >> very affordable. inexpensive. they have them at your
prompted a fresh wave of worry on wall street. steve handelsman joins us now live from capitol hill with the latest. steve? >> reporter: wendy, thanks. the european debt crisis has an effect to drive down u.s. stock prices. but an left say so does the worry that lawmakers up here on capitol hill cannot or will not help. wall street see sawed after jpmorgan chase sounded an alarm. >> a massive rebasing for expectations for second half growth. >> reporter: the new prediction is our growth through the end of 2011 will be just 1%, not 2.5. another worrisome sign, oil prices are relatively low. >> well, that's it. everyone is talking about the potential of a double dip. >> reporter: a double dip, a return to recession. there is worry one would start this fall. >> i think that would be a tremendous blow to business confidence, consumer confidence, neither which is particularly strong right now. and then i think you're worried about a spiralling effect and getting a much sharper pullback. >> reporter: stock and high-tech powerhouse hewlett-packard plunged 21%. bank of america, largest lend
for steve jobs at apple. >>> and dan's in baltimore. what's coming up, dan? >> hey, dorene, preseason game number three, it is just the preseason, but it is the biggest of the bunch. and here is why. the quarterback debate goes on, and we do have a starter. will it be rex grossman or john beck? [ martin luther king jr. ] i still have a dream that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today! [ male announcer ] join us at the walter e. washington convention center on august 26th for a live roundtable discussion inspired by the legacy of dr. martin luther king jr. pnc virtual wallet gathers your spending and saving in one place. credit and debit purchases, checks, bills, and other financial information. it lets you see the details as well as the big financial picture. so you can do more with your money. see what a complete view of your money can do for you at pncvirtualwallet.com. ♪ pnc bank. for the achiever in you. >>> there was another aftershock from
. steve handelsman has our report. >> reporter: they've taken tripoli, but libyan rebels still have not found the dictator they have overthrown. moammar gadhafi. his spokesman insisted the erratic colonel is still in libya and he was heard on radio. go out to the streets and fight, gadhafi encouraged his supportiers. nato cannot continue, he said. the bombardment will not harm you. in ten locations around the capital, gadhafi loyalists were reported firing on rebels. and there was this grim scene. 30 bodies found in a pro-gadhafi camp. some men had been handcuffed and executed. tripoli is moving toward chaos. no one is in command. from benghazi to tnc, the rebel council, requested united nation's peace keepers. the u.s. government said good idea. >> we will look favorably at police support requests that come from the tnc to the u.n. the u.n. will have the lead, but we will look at how the u.s. can help. >> reporter: gadhafi's compound was ransacked, but the rest of tripoli now is it not like baghdad. >> this doesn't seem to be a lot of looting taking place, a breakdown of order now,
debate tonight. steve handelsman is live at iowa state university. steve? >> reporter: wendy, thanks. good evening. this preannouncement by perry is deductib definitely the biggest political news of the day, but it's not taking a lot of energy from all of the big doings out here in iowa, because perry is not here. he won't debate tonight, won't take part in the straw poll saturday. that's going to be here at iowa state university in ames. tonight, they'll debate here at iowa state university. but this whole thing kind of got rolling today, about a half hour south of here at the fair. day one of the iowa state fair in des moines. lots of stuff to eat and see. like the butter cow, life-size, made of butter. and fried butter. this is fried butter. here at the iowa state fair. and politicians. mitt romney in iowa today. his first visit back here since may. >> good to see you. thanks for being here today. >> reporter: romney has been focusing on fund-raising and on new hampshire. >> back in iowa, what's the iowa plan, sir? >> good to be here, thank you. work hard and win. >> reporter: it
on worldwide markets tomorrow, as well. >> problems on both sides of the atlantic. steve, does this downgrade from s&p hit americans' pocketbooks at home or not? >> there's plenty of confusion and concern about that, carl. we've never been in a situation where the world's benchmark debt, the united states, has been downgraded. so anybody who claims to know what they're talking about here, probably is making it up. there is concern, though, about interest rates, mortgage interest rates, credit card interest rates, some concern it may go up. but i will tell you, plenty of speculation on the other side that we've seen the worst of this. the market anticipated this and it's going to digest this latest bad news with pretty good equality the way it has with other things. >> michelle, steve, thanks. a quick program note there will be special coverage tonight on the markets, beginning at 8:00 p.m. eastern on cnbc. >>> tonight we're learning more about the attack on a u.s. helicopter in afghanistan that claimed the lives of 30 americans in the deadliest single incident since the ten-year war began. fo
for the moment. nbc's steve handelsman reports. >> reporter: in his first reaction since standard & poor's downgraded u.s. bonds late friday, president obama rejected the double-a plus rating. >> no matter what some agency might say, we've always been and always will be a triple-a country. >> reporter: but u.s. stock markets dropped sickeningly. the dow losing 5.55%. the s&p 500, 6.6%. the biggest drops in years. gold was up to an all-team high, $1,700, a sign investors are scared. by last week's debt ceiling deal, not big or bold enough. >> no one cuts entitlement spending. no one cuts tax reform. instead republicans and democrats show an ounce of backbone and actually do what's in the interest of the american people rather than what's in their own immediate political interest, i can't argue with s&p's conclusion. >> reporter: the president said the downgrade could spur on new debt talks. >> our problems are imminently solvable, and we know what we have to do to solve it. >> reporter: that, in turn, raised the head of standard & poor's. >> it was a bit of a new sense of urgency that we
. steve handelsman shows us the big storm spared the east coast from the devastation many had feared. >> reporter: start the cleanup. this was central park. new york is draining tonight. rhode island is taking stock. >> it's not as bad as we expected. it's much better. >> reporter: irene was a full-fledged cat 1 hurricane. this was long island this morning. >> pandemonium pretty much. it's kind of crazy. >> reporter: at least 15 people were reported killed from florida to new england. many by falling trees last night and today. flooding extended far inland. this was near philadelphia. and some rivers are still reported rising. now many of the millions who evacuated want to see if there's damage. this man in new york city. >> they said there was limited damage. they said there were power outages, but i don't know what to believe. >> reporter: charlie jones in north carolina. >> they won't let us back in. you've got to have a re-entry pass. >> reporter: with power out to more than half a million in north carolina and pennsylvania, many people are not being allowed home. the feds expect
giffords making a return to the capitol to cast her vote. steve handelsman reports. >> reporter: finally a bipartisan debt deal through the house. >> the bill has passed and without objection. >> reporter: 174 republicans and 95 democrats voting yes, including democrat gabby giffords, back on the hill for the first time since being shot in the face in january. burned out lawmakers finally had something to applaud. [ applause ] >> reporter: many in congress heat the debt deal. >> but default for the united states of america is not an option. >> reporter: even in some in the tea party voted yes. >> it's not perfect, but it takes us down that first step to start getting out of this. >> reporter: the compromise plan would cut about $1 trillion in spending right away and form a new bipartisan super committee to find another $1.5 trillion in savings by november. senate liberals are outraged at the first round cut in social programs. >> we can do that, but we simply can't ask one more dollar of shared sacrifice from the millionaires and billionaires. >> reporter: democrats think they'll win tax
-a rating, and the final details of the debt deal are still unfinished. nbc's steve handelsman reports. >> reporter: 11 hours before the deadline -- >> senate will come to order. >> reporter: the debt deal passed the senate easily. >> the yeas are 74, and the nays are 26. >> reporter: republicans celebrated. they say they won. >> the spending spree may actually, actually, be coming to an end. >> spend, spend, spend to cut, cut, cut. >> reporter: disrespondent democrats just got no default. >> almost everything else about this deal stinks. >> reporter: there's no new revenue, no tax hikes. >> for billionaires and multimillionaires to not be contributing to the arrangement we just made. >> reporter: president woim who signed the better averting default vowed to get the tax hikes that democrats demanded and do it this year. >> everyone is going to have to chip in. that's only fair. >> reporter: part of the debt deal is the super committee. 12 lawmakers who by december will virtually dictate deeper deficit reductions. president obama says that will require revenue hikes. >> reforming our t
with impressive gains. steve handelsman has more. >> reporter: the stock markets were bouncing back the day after the big drop as federal reserve policy makers met in washington and decided against new intervention. the fed will keep interest rates super low as a stimulus for two more years and not buy more u.s. bonds. >> the fed is out of bullets. anything additional it can could has a marginal consequence. >> reporter: hearing a negative economic prediction, the markets dropped. >> thank you for coming out. >> reporter: in iowa tea party republican michelle bachmann blamed president obama for the crisis. >> president obama and the politicians have almost doubled the national debt in five years. that's why they're in trouble. >> reporter: democrats slammed the gop solution. much deeper spending cuts. >> you cannot balance the budget of the united states with 9 million to 14 million unemployed people, period. >> reporter: standard & poor's new york office, a plane flew a banner. thanks for the downgrade. you should all be fired. the fed move dwarn teed two years of easy borrowing could spur busin
. >>> and steve jobs announces his resignation as ceo. [ male announcer ] washington, d.c. a landmark of liberty and opportunity. at bank of america, we live and work here, with thousands of employees and hundreds of branches and atms. every day, we're working to help set opportunity in motion... from supporting the arts and howard university to helping revitalize anacostia and downtown d.c. because when you're giving, lending, and investing in more communities across the country, more opportunities happen. ♪ >>> in libya there is a $1.3 million reward out for moammar gadhafi. he the chairman of the rebels announced a pardon for any member of gadhafi's inner circle who captures or kills him. gadhafi says he will fight on until victory or martyrdom. there is no evidence that he has left the country. >>> texas governor rick perry pulled ahead of the g.o.p. presidential field. there is a poll of 1,000 republicans and independents. it was released today. governor perry has a commanding lead with 29%. the former front runner mitt romney dropped to second. ron paul and michele bachman are the top fo
are in. and that deadline, of course, is tomorrow. steve handelsman is on capitol hill with the latest. hey, steve. >> reporter: wendy and barbara, thanks, good evening. here on capitol hill today, vice president biden was saying this crisis is over. that americans can now turn their attention again to job creation. if, he said, if this agreement passes. [ banging gavel ] >> the house will be in order. >> reporter: can speaker john boehner get enough republicans to say yes to the debt ceiling deal? boehner hassling to do. many in the tea party will vote no. >> the problem isn't the debt ceiling. it's the debt. >> reporter: some liberal house democrats will vote no. >> there's no balance. there are no revenues. god forbid would he ask, as the republicans call them, the job creators, the millionaires and billionaires, to pay anything. >> reporter: the compromised plan would cut about $1 trillion in spending right away. form a new bipartisan super committee to find another $1.5 trillion in savings by november. if congress fails to act on those recommendations this year, broad spending cut
to leave interest rates at all time low. steve handlesman joins us live from capitol hill. what a day, steve? >> it was a day, barbara. at least the market ends up higher which makes the fed look a little better in the eyes of a lot of its critics. the fed many believe not a lot more it could do. basically said to the politicians in washington, up here on the hill, down here at the white house, you've got two years to fix the u.s. economy and we'll stand aside. >> the stock markets were bouncing back a day after the big drop. as federal reserve policy makers met in washington and decided against new intervention. the fed will keep interest rates super low as a stimulus for two more years and not buy more u.s. bonds. the markets, disappointed immediately dropped. >> anything the fed could do would have a marginal consequence. >> president obama was at the airport to greet the remains of those involved in the firefight over the weekend. >> president obama and the democrats have almost doubled the national debt in five years. >> reporter: the president made matters worse yesterday. >> an
a deficit reduction plan that totals $1.5 trillion. steve handlesman join us from capitol hill with more on how this is being received on both sides. steve? >> reporter: doreen, thanks. this is actually going to be a double presidential proposal, a new deficit reduction plan, but more important politically, the jobs plan. >> how are you, sir? >> reporter: his job could be in jeopardy. president obama came to a county fair in illinois beaten down by the deficit fight, the downgrade and especially by high unemployment. >> there are some things that we could be doing right now to put our neighbors and our friends, some family members back to work. >> reporter: in a september speech after his vacation, the president will lay out a plan to build new schools, bridges and roads. >> and all those folks who got laid off from construction because the economy went south or the house bubble burst, they are dying for work. >> reporter: the obama jobs plan will include extending the payroll tax cuts he pushed through in '09, more infrastructure construction project and help for the long-term unemploye
off ahead of the straw poll that will be held there this weekend. steve handelsman has the report from ames, iowa. >> reporter: all eight republican candidates in the fox debate in iowa saved their best shots for president obama. >> our president simply doesn't understand how to lead. >> the message is this -- you are finished in 2012. >> reporter: mitt romney in iowa for the first time since may got heckled today. >> you came here to listen to the people -- >> reporter: and sort of got heckled tonight. >> obamacare was patterned after mitt's plan in massachusetts. >> reporter: tim pawlenty vowed no more timidity. he clashed with michele bachmann, the iowa frontrunner in today's corn poll at the state fair. >> in congress, her record of accomplishment and results is n nonexistent. >> people are looking for a champion. >> if that's your view of effective leadership with results, please stop because you're killing us. >> reporter: rick perry made clear today he's going to run. perry's move mocked by a fellow texan. >> i'm very pleased he's coming in because he represents the status quo.
, of course, is tomorrow. steve handelsman has been following the developments. he's on capitol hill now, and joined just live. steve, thank you for being there. first question, i guess. this thing going to pass tonight? >> reporter: it looks like it will pass, jim. but i'm smiling. you have to laugh in a way at the way politicians talk around the facts to what they want people to perceive the facts to be. you listen to that sound bite from john bain e you would think there was a requirement for a balanced budget amendment to pass in this like there was in two previous deals he authored and got through the house. there is not. you listen to democrats, a lot of them are upset at the depth of the spending cuts. a lot of them are upset that there are no tax hikes in this package. but many of them are happy, and we'll talk a bit more about why they're happy later, that they feel that there be tax hikes coming up because of this plan, but there are no tax hikes in this plan. so to circle back, jim, to your answer, the house rules committee sent out a rule to vote tonight. it's been approved.
, and appears to be the front runner. steve handelsman is in des moines with the latest on the race. >> reporter: iowa republican front-runner michele bachmann came to a plant near des moines flagging that unlike many in her party, she opposed raising the debt ceiling. >> let me tell you why all these terrible things happen. washington has been turning our money into monopoly money. so let's have a president. i want to be that president who makes government down into something manageable, so that all of you can have better lives. >> reporter: iowa polls put bachmann a few points ahead of mitt romney. he was in iowa today for the first time since may. >> my priority is creating jobs. >> reporter: romney is focusing elsewhere. tim pawlenty is counting on iowa, selling his record of budget balancing as the governor of minnesota next door. >> when candidates come through iowa, you need to make sure that they're ready for the job before you catapult them towards the white house and the oval office. >> reporter: but pawlenty is not in the catapult, pulling a weak third. he needs a turn-around in this
out tomorrow, tax hikes still could be on the table in the future. steve handlesman on capitol hill with more on the story. steve? >> reporter: maybe in the near future. here on the hill, tax hikes remain possible because our deficit is still growing even though today's vote stopped default. 11 hours before the deadline. >> the senate will come to order. >> reporter: the debt deal passed the senate easily. >> the ayes are 74 -- >> a spending spree may actually be coming to an end. >> spend, spend, spend to cut, cut, cut. >> reporter: despondent democrats just got no default. >> almost everything else about this deal stinks. >> reporter: there's no new revenue, no tax hikes. >> it's really unfair for billionaires and multimillionaires not to be contributing to the arrangement we just made. >> reporter: democrats led by president obama vowed to get the tax hikes they demanded this year. >> everyone's going to have to chip in, that's only fair. >> reporter: part of the debt deal passed yesterday by the house is a super committee. 12 lawmakers who by december will virtually dictate deep
to blame him for the jobless rate. steve handelsman has the latest. >> how are you, sir? >> reporter: his job could be in jeopardy. president obama came to a county fair in illinois beaten down by the deficit fight you can the downgrade and especially by high unemployment. >> there are some things that we could be doing right now to put our neighbors and our friends, some family members took work. >> reporter: in a september speech after his vacation, the president will lay out a plan to build new schools, bridges and roads. >> and all those folk hose got laid off from construction because the economy went south or the house bubble burst, they are dying for work. >> reporter: obama jobs plan will include extending the payroll tax cuts he pushed through in '09, more infrastructure construction project and help for the long-term unemployed. and he will propose a new deficit reduction plan 4 trillion in cut, not just 1.5 trillion, tax hikes on the well off and entitlement reform. deficit cuts would help pay for jobs programs. sounds good to democrat ann crow. she is unemployed. >> so that's
. >>> and a visionary resigns. steve jobs, the genius behind the iphone and ipad steps down as apple's ceo saying he no longer can meet the duties of his job. the decision about his health, and the impact on his company, today, thursday august 25, 20 1 11. captions paid for by nbc-universal television >>> and welcome to "today" on this thursday morning. i'm ann curry. >> i'm david gregory in for matt on a very busy news morning. take a look at the conditions right now in the bahamas. hurricane irene has slammed the island chain. there are reports that 90% of the homes on two of the islands there have been severely daniel. >> that word is chilling for a lot of people along the coast bracing for irene. just this morning, the first hurricane watch was posted for the outer banks of north carolina where evacuations are currently under way. >> already under way. but the real threat could be to the u.s. right here in the northeast as we've been talking about all morning. the most significant hurricane potentially to threaten this area in two decades. experts are warning people here to get prepared. >> we'
-runner, but as steve handelsman reports, the man polling second aricht just in time to kick off an annual state institution. >> reporter: day one of the iowa state fair in des moines. lots of stuff to eat and see. like the butter cow. life-size. made of butter. and fried butter. this is fried butter. here at the iowa state fair. and politicians. mitt romney in iowa today. his first visit back here since may. >> good to see you. thanks for being here today. >> reporter: romney has been focusing on fund-raising, and on new hampshire. >> back in iowa, what's the iowa plan, sir? >> good to be here. thank you. work hard and win. >> reporter: it was hard today for the former massachusetts governor. >> hang on a second. hold on a second. i'll let you speak. >> reporter: hecklers gave rockne a warmup for tonight's debate. >> ready for an answer? i'm not going to raise taxes. that's my answer. i'm not going to raise taxes. and if you want somebody that can raise taxes, you can vote for barack obama. >> reporter: other major candidates tonight, michele bachmann, whose breakthrough came at the last debate
in for eagle! wow! if you follow him on twitter, he always tweets "it's go time." adam scott on 12 with steve williams, tiger's former caddie. he shoots a 4 under 66 and leads the tournament at 12 under par. eight golfers are within four shots of the lead. semifinals of the legg mason classic. donald young taking on stefnik of the czech republic. first set, young in the far court. stepnik comes to the net, this is cool, but the shot goes wide and young loses the first set 6-3. second set, serving in the far court, his experience just too much for young to handle today. look at this, overhead smash. advances to the finals tomorrow. >> all right, thank you, sir. that is it for us this evening. "nightly news" is next. hope to see you back here at 11:00.
. steve handelsman joins us from capitol hill with the latest. hi steve. >> thanks. he's the incumbent and the economy is bad. but president obama's theme today, and it's sure to remain one of his top themes for the next 15 months of campaigning, was and will be "don't blame me." he came to the midwest on air force one, but the president took a bus, not a chopper. and showed up in cannon falls, minnesota without a tie. barack obama, back in campaign mode. >> i'm not here just to enjoy the nice weather. i'm here to enlist you in a fight. >> reporter: his beef is with republicans who he blamed for our near default in s&p downgrade. >> you've got to send a message to washington that it's time for the games to stop. >> reporter: but the debt ceiling fight drove the president's approval to an all-time low. 39% in yesterday's gallup tracking poll, back up to 41% today. he was at 51% approval on june 1st. mitt romney, rick perry and michele bachmann, three leading republican presidential candidates, are encouraged by the sudden obama slide. >> that is not because he's not campaigning. its bec
to an agreement that has what might be considered luke warm support. steve handlesman has our report. steve? >> reporter: jim, thanks. it looks like the house, which is debating this weekend debt ceiling deal will take a vote and be done with it by 7:30. leadership says it will pass. it also looks now like the senate will not vote tonight, but instead will take up this deal tomorrow, presuming this deal passes the house. [ banging gavel ] the house will be in order. >> reporter: can speaker john boehner get enough republicans to say yes to the debt ceiling deal? >> i've got a big job to do here. >> reporter: many of boehner's house republicans are skeptical. >> the problem isn't the debt ceiling, it's the debt. >> reporter: some liberal house democrats will vote no. >> there's no balance. there are no revenues. god forbid, we would ask, as the republicans call them, the job creators, the millionaires and billionaires to pay anything. >> reporter: the compromised plan would cut about $1 trillion in spending right away, form a new bipartisan super committee to find another $1.5 trillion in sa
. but the complaints have been especially harsh this year. steve handlesman joins us now with the latest. >> reporter: martha's vineyard is nice. no question. it's cool, it's calm, it's classy. but now it's not just an island. it's an issue. few said "have a nice vacation" as president obama left washington for martha's vineyard. ten days with his family on the scenic, exclusive island off massachusetts. where he went last year. barack obama's taken less time off at this point in his presidency, 61 days, than ronald reagan's 112 days, and george bush's 180 days. democrat john lewis. >> we all need a break from time to time. >> reporter: but on the viney d vineyard? republicans say that's obama. >> he's aloof, and he's not in touch with the american people. >> reporter: the gop website is offering obama get-away cards. one mocking his approval rating. in fact, the obama number this week on the economy is just 26% approval. this was atlanta today. see that huge long line? it was people at an employment fair. >> i'm just out here trying to find me a job to support me and my son. >> i look for a job eve
4 midday," do you dream of sculpted arms like steve hayes has? he shares some of his secrets with us. plus, it's a lot like speed dating. we'll tell you about a new effort to find homes for homeless pets. >>> but first, here's a look at what's hot on nbcwashington.com. >>> if your summer goals include toning your upper body and having great-looking shoulders, arms, and abs for those hot summer days on the beach or just so you can wear that cute little sundress with your arms showing, we've got help for you this morning. steve hayes is back with a great upper body workout and he says it only takes a few minutes a day, everybody day. >> well, really, every other day. you can go two days on, a day off, like that. you always want to get a rest period in between. >> how much time do you plan on spending with this? >> you can do it in 15 minutes. a good workout in 15 minutes. >> let's start with your aerobic tip for the day. >> it's nice outside, take the family for a walk. get a nice brisk walk in the park. not only are you getting an aerobic workout, but you're spending family time toget
. congresswoman michele bachmann grew up in iowa and appears to be the front runner there. steve handelsman has our report. >> reporter: iowa republican front-runner michele bachmann came to a plant near des moines, bragging that unlike many in her party, she opposed raising the debt ceiling. >> let me tell you why all these terrible things happen. washington has been turning our money into monopoly money. so let's have a president -- i want to be that president -- who makes government down into something manageable, so that all of you can have better lives. >> reporter: iowa polls put bachmann a few points ahead of mitt romney, in iowa today for the first time since may. >> my priority is creating jobs. >> reporter: romney is focusing elsewhere. tim pawlenty is counting on iowa. selling his record of budget-balancing as the governor of minnesota next door. >> when candidates come through iowa, you need to make sure they're ready for the job before you catapult them towards the white house and the oval office. >> reporter: but pawlenty is not in the catapult, pulling a weak third, he needs a tu
if pradaxa can reduce your risk of a stroke. >>> we have learned this evening that steve jobs, the >>> we have learned this evening that steve jobs, the visionary ceo of apple has resigned. jobs has been fighting pancreatic cancer since 2004. and in his resignation letter, he wrote, i have always said if there ever came a day where i could no longer meet my duties and expectations as apple's ceo i would be the first to let you know, unfortunately, he writes that, day has come. apple executive tim cook has been named the new ceo of apple effective immediately. >>> there's new research about alzheimer's disease. doctors at the mayor clinic report that using certain brain scans they are getting closer to figuring out who will get alzheimer's before memory loss or other symptoms appear. nearly 5 million americans currently have alzheimer's. every 70 seconds someone develops the disease. as we reported here last night, pat summitt, the hall of fame basketball coach at the university of tennessee has revealed that she is in the early stages of alzheimer's at night msnbc's chris jansing has more
. they've evacuated and let's check in now live and see what's going on down there. >> steve handelsman in times square. that is the big concern right now, the floogtsds thding that occur in lower manhattan. >> i think it's less of a concern now. the storm surge is going down, the high tide is receding, the storm has moved to the east of the city and then across long island, headed to connecticut where it's causing many more problems than it did here in new york city proper. times square is back to normal. full of tourists. and a funaitive new yorkers, this being new york are walking around xwrousing a mini storm of protest. why did we have to leave. when is the subway going to start back up. when can we get moving, go home. the answer won't come for about an hour and a half when mike bloomberg, the mayor of new york, briefs and will announce and we're told that it won't be right away, a resumption of public transit here in new york. because of the tremendous volume of rain that they got here and because of some coastal flooding that occurred from a not as serious as feared storm surge,
fell for the fourth straight month. we're going to check in with steve handelsman, who joins us live with more on that and the rest of the day's business headlines. hey, steve. >> hi, barbara. thanks, good morning. my friends here at cnbc on capitol hill have asked me to stand in. here's the business news. stocks jumped sharply this morning as stronger than expected data from overseas sparked a buying before the keenly awaited speech from federal reserve chairman ben bernanke this week. and economists indicating another recession isn't likely over the next 12 months, but neither is any meaningful improvement in the economy. the major averages, the dow is up 159, nasdaq up 45, s&p up 18. there's good and bad news in a pair of economic reports today. the government report shows the number of troubled banks fell for the first time in five years, but new home sales fell almost 1% in july, as 2011 is shaping up as the worst year on record in the housing market. meanwhile, a gauge of factory output on the eastern -- on the u.s. eastern seaboard fell further into negative territory in augus
are having a ball this summer with our workout. steve hayes with here with a great lower body workout using an exercise ball. good morning to both of you. >> good morning. >> nice to see you. first of all, start us off by introducing your workout partner here. >> lauren, introduce yourself please. >> my name is lauren and i'm a sports radio reporter in town. >> terrific. now, last week you talked about the upper body. this week you'll show us how to use exercise balls for your lower body. >> exactly. as a matter of fact, we'll start off showing you how to do a ball against the ball when you're working your quads and hamstrings. now, what you want to do is that as laura is squatting down, now, this ball will be on your back. it's right between the lower back and it's pushing against the wall. that takes the pressure off the lower back and is very user friendly and incredibly effective. >> so you can just push the ball up against any wall for support on your back and do the squats. and this doesn't effect the effectiveness of the exercise on your legs? >> not at all, you're still using quads
do more to fix the underlying problem of the debt. steve handelsman on capitol hill now with more on this. >> reporter: thanks. good evening. amid all of today's terrible news, there was a little bit of paucity, if you will from the head of standard & poor's who listened to what president obama said, and said that that help, he was impressed that the president thought the matter was urgent. and when you're the head of s&p, people care what you think. the president had been looking on the bright side. he said the downgrade on friday, which he said he still disputes, plus, by extension, today's terrible down day on the markets, could help break the deadlock up here on capitol hill. in his first reaction since standard & poor's downgraded u.s. bonds late friday, president obama rejected the aa-plus rating. >> no matter what some agency may say, we've always been and always will be a aaa country. >> reporter: but u.s. stock markets dropped sickeningly. the dow losing 5.55%. the s&p 500, 6.66%. nasdaq off 6.9%. the biggest drops in years. gold was up to an all-time high, $1700, a sign
, steve jobs, as you know, has resigned as ceo of apple, so what his decision says about the state of his health, and also what it means for the future of his company. and this morning we'll be talking about why trying to be a supermom with the perfect marriage, family and career, could actually be damaging for your health. that's all when we get started on a thursday morning here on today. now back to you, joe. >> very interesting, look forward to it. thanks very much, ann. you have a great day. >> you, too, sir. >> 74 degrees outside. the new pictures showing missing maryland woman the day she reportedly disappeared in aruba. >>> wow, look at this. sunrise, silver lining on the eastern horizon. and golden rays of sun shooting up into the stratosphere. live picture from our tower camera. and we do have some storms approaching our region. they're now moving into west virginia and western maryland and pennsylvania. those are ahead of a front that will be moving into our region later today. right now we're in the 70s, and it's rather humid. partly cloudy, but during the afternoon we'll like
points. steve handelsman is on capitol hill now with some context on what's been going on with this roller coaster market. hey, steve. >> reporter: the markets are complicated. if it were easy to figure out what was going on, everybody would be rich investing in them. it's complicated. some of the factors that analysts were talking about today are the european debt crisis. a lot of europeans worry that they'll be in worse trouble if the u.s. economy goes down. because they won't be able to sell here, and we won't be able to buy there. so there's that. there are a couple of dire new predictions. yesterday from morgan stanley, the warning that we're dangerously close to recession. that's a quote. and the warning today from jpmorgan chase, that its fourth quarter growth prediction at wrong at 2.5%. jpmorgan chase said the right number is probably going to be 1%, really close to 0%, which would be a recession. other experts warning today that even a month or two of moving below what the previous month had been, a month or two of recession, if you will, even though you need
that mr. obama took a political gamble that paid off. steve handlesman joins us now with more on this story. >> reporter: right, jim, thanks. good evening. this is a victory for sure of a different kind for president obama. he got the u.s. military involved, but as he made very clear six months ago, in a very limited way. and it worked. the rebels and their many sympathizers are celebting in tripoli. they have control of the libyan capital. what they want is more moammar gadhafi. u.s. officials say there is no indication the erratic colonel has left libya. and gadhafi was defiant in a radio broadcast, not giving up, even though three of his sons were captured. president obama applauded the rebel victory, and pressured the defeated dictator. >> although it's clear that gadhafi's rule is over, he still has the opportunity to reduce further bloodshed by explicitly relinquishing power to the people of libya. >> reporter: after six months, the breakthrough came yesterday and last night. rebels streamed into tripoli. helped by some of the heaviest nato air strikes of the conflict. t
a kwchl weeks ago tiger fired his long-time caddie steve williams. well, now williams has paired up with adam scott, and scott is playing like the tiger of old. he is your leader after the first round at eight under. perhaps williams is a good luck charm. >>> the san francisco 49ers have signed wide receiver braylon edwards to a one-year contract. he caught seven touchdowns with the jets last season. >>> baseball, the cardinals molina has been suspended five games for a tantrum on tuesday night. he argued about the strike. he needed some goggles and a shower cap while listening to molina. >>> the game, a seesaw battle between rays and blue jays. toronto takes the lead in the tenth, and tampa ties it in the bottom of the eighth with a jennings homer. they exchange a pair of runs in the 11th. then in the 12th the rays finally end it. one squeezed through the hole. in comes the winning run. rays walk off with a 7-6 win. move over red sox. you got some company atop the al east. the yankees beat chicago 7-2 setting up a weekend series in boston with first place on the line. finally, we'v
of another victim, steve branch says he believes they did it. >> if these animals are released, you're just going to give the key to everybody that's on death row right now. >> reporter: today's deal insists that -- their lawyers say the state would never let them out if it was convinced of their guilt. the men say they'll never fight to prove their innocence, but many wonder who killed those boys. >>> america's largest bank plans to cut 3,500 job this is quarter and in a vast restructuring is said to be planning to cut thousands more. it's the story of our time, an economy in the doldrums and a nation in pain. nbc's chris jansing surveys the damage. >> don't make nobody walk over you. >> reporter: for half her life 82-year-old mary leeward has lived in this famous house in brooklyn. after refinancing, she couldn't keep up with the payments, the house was foreclosed and sold. outside, crowds gathered to support her. across the country in california, 35-year-old rosemary gutielle is on the verge of losing her home too. >> i went to college, i'm an educated woman and i thought at this point i
battle in fear months over tax hikes. i'm steve handelsman, news4 capitol hill. >>> joining us on the phone is jerry connolly from northern virginia. thank you for being with us. a lot of democrats had reservations about this bill. did you have reservations and why did you vote yes if you did. >> to look at this bill without having reservations it does not include revenue and, frankly, the cuts we're looking at are -- having said that, the choice we faced was an imperfect proposal but that moves us forward today or a catastrophic default of the national debt and our credit worthiness tomorrow and that's the choice we faced. >> it was quite a moment, was it not when representative gabrielle giffords showed up on the house floor. did you expect that? tell me what that was like. >> we had heard a rumor just before she arrived and most didn't believe it and we were -- i think there wasn't a dry eye in the room. it was such an emotional moment and it was the old gabby giffords. her hair needs growing back but the rest of her looked the way she did before. and it was so reassuring to
game. facebook will give advertisers more access. finally, what do bill gates, steve jobs, and mark zuckerberg all have in common? they top gq's list of worst dressed men in silicone valley. >>> good-bye to football hero who became a movie star. hello to a pie in the face. and walk off winners in bean town. sfwlirchlgts plus, a mexican striker teaches a thing or two to europe's soccer champions. your early morning sports headlines are straight ahead. >>> it's a little too early to be planning your weekend, but as far as the weather goes, emily could be a concern. your forecast is coming up. you're watching "early today." >>> in his first homer of the season. who needs a-rod? yankees win 18-7. another day, another homer for the indians jason. it's just his fourth of the year, but he has hit all of them in the game. that's a good average. jacobyelsbury has a good thing going. won tuesday ae game with the single, and this one with the sole yoi shot. red sox beat the indians 4-3. former nfl star and actor bubba smith passed away yesterday. he was the top pick in the 1967 draft, and also
here. he leaves with a hamstring injury. hope he's okay. so steve cronin would replace him in net. 59th minute, united tries to head it out. but sebastian grazini is there with the left-footer and it goes in. check out what he does? celebrates by going into the stands. ahead to the 73rd minute, united on the offensive. josh wolf gives it to qwanta. that was sweet. but that's it. d.c. united and chicago end in a 1-1 tie. >>> nfl now, the supplemental draft will take place on monday. and former ohio state quarterback terrell pryor is eligible. since he's not going back to college, the nfl decided his suspension will carry over if he's drafted. pryor will hold a workout on saturday and the redskins may attend. >>> tonight, preseason football, it's new england against tampa bay. a good night for tom brady. patriots on the 10 yard line. brady goes over the middle to chad ochocinco. brady, 180 yards, two touchdowns. the pass over the middle and, uh-oh. elbert mack catches it at the 30. he's going back the other way. he's thinking pick six. 69 yards into the end zone for the touchdown. mack ce
volume. on the first day of trade since apple co-founder steve jobs' ceo resignation, shares fell only slightly. a sharp drop thursday on germany's dax. a one point by as many as 5% increased jitters and selling on wall street. >>> new jobs numbers also fuelled selling. u.s. jobless claims rose last week to their highest points in pooif weeks, but that was largely inflated by formally striking workers at verizon. >>> after two days of sharp declines, gold rose more than 1%. elsewhere delta plans to spend billions buying 100 boeing 737 jets to upgrade its fleet. >>> finally, the gas-guzzling favorite of the rich and famous is also apparently the favorite of thieves. a new study finds the cadillac escalade is the most likely vehicle to be targeted by crooks. >>> the preseason football heats up. the red sox live off the long ball, and the u.s. final is set in little league baseball. plus, the new york yankees do something that has never been done before in the entire history of baseball. your early morning sports headlines are straight ahead. >>> we're tracking the eye of hurricane irene
down. silicone valley legend steve jobs issued a stunning resignation as chief executive of apple. the company he co-founded in a garage. the 56-year-old survived pancreatic cancer, but he has been on medical leave with an undisclosed medical condition. he has been elected chairman. jobs says he could no longer meet my duties and expectations as apple's ceo. apple skidded after hours after a brief halt in trade. >>> earlier a big jump in july durable goods orders. twice as much as expected. eased double dip recession worries. many still holding out hope fed chairman ben bernanke will announce new stimulus in a wyoming speech tomorrow. gold fell more than $100 wednesday. one of the steepest falls ever. after hitting a two and a half year low tuesday, bank of america shot up 11% calling speculation of a merger with rival jp morgan chase baseless. >>> homebuilder toll brothers rose 4.5% on giant quarterly income. elsewhere google will pay half a billion dollars to settle a criminal probe into ads it ran from on-line canadian pharmacies that led to illegal imports. >>> collective bran
hours after josh powell's father, steve powell, leveled allegations against his missing daughter-in-law. >> she was open to me sexually, mentally, whatever. >> reporter: steve powell claims josh's wife often tried to seduce him and admits he openly made sexual advances toward susan. >> i wasn't going to turn down an opportunity with this beautiful woman, even though she was my son's wife. i'm sorry. she is just a wonderful person, and i enjoyed it. >> reporter: jennifer graves is steve powell's estranged daughter and close friend of susan's. she said susan complained to her about her father-in-law's inappropriate advances. >> she's never told me about any inappropriate relationship. my dad never told me about inappropriate relationship. >> reporter: disgusted and outraged by the salacious claims, susan's father, chuck cox, claims the racy allegations against susan are despicable and out right lies. he says the police seizure at his son-in-law's home is progress. >> it makes me much more comf t comfortable if the journals are in their hands than in steve and josh's hands. >> repo
obama. meanwhile, two other potential candidates may be shifting the limelight. steve handelsman is in ames with an explanation. >> thank you so much. >> reporter: is she a party crasher? sarah palin showed up to enjoy the iowa spotlight, the day between the debate and the straw poll, saying she is still considering a run. but palin is being overshadowed by another conservative icon, who has decided. texas governor rick perry will declare tomorrow in south carolina, saying, according to a draft, the change we seek will never emanate out of washington. it will come from the wind swept prairies of middle america, the hearts and minds of god-fearing americans. perry hosted an evangelical california rally last weekend. >> father, our heart breaks for america. >> reporter: perry's christian conservatism could have powerful appeal in iowa. >> he could get the energy going among social conservatives maybe a little better than tim pawlenty can or mitt romney can. >> reporter: perry and michele bachmann will compete for the same tea party voters. >> as president of the united states, i'll
. and while congress managed to avoid a default, investors worldwide are still jittery. steve handelsman has more from capitol hill. >> reporter: a victory lunch, the day after the federal government avoided default. president obama took white house staffers out for burgers to thank them for working long hours. then thanked his cabinet for helping craft a deal on the debt. >> we have now averted what could have been a disastrous blow to the economy. >> reporter: but u.s. stock markets opened lower. world markets fell. europe and asia, to their lowest levels this year. not fearing the debt agreement signed by the president was too small and short-term. in fact, the opposite. that $1 trillion in spending cuts will hurt the u.s. economy. even though the cuts are delayed to prevent that. now, a house/senate super committee has to find deeper deficit reduction. >> hopefully, we can all come to the table and sanity and balance will prevail. >> reporter: but defense secretary panetta warned, deeper pentagon cuts are completely unacceptable. house democrats say no to deepen titlement cuts. most repu
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